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​Deloitte urges banks, fintech companies to seize Australian open-banking opportunity

By Lucia Dore and Laurel Henning ( November 13, 2019, 03:26 GMT | Insight) -- Banks and fintech businesses looking to profit from new Australian data-portability rules should prepare now to ensure they can gain accreditation to access data on behalf of consumers, according to a senior manager with Deloitte, a consultancy. Speaking at a conference in Singapore, Deloitte’s global financial services digital transformation leader, Michael Tang, said companies could thrive under Australia’s Consumer Data Right if they focus on consumers and the data they provide.Banks and fintech businesses looking to profit from new Australian data-portability rules should prepare now to ensure they can gain accreditation to access data on behalf of consumers, according to a senior manager with Deloitte, a consultancy....

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